Thank you for your informative answer.My comments are :-
The coin supply is reasonable ,although there are quite a number of MN coins with much lower current and total supply.
I like the idea of varying rewards along with the stated user case.But,I'm afraid people will still dump during the very high ROI periods UNLESS you can persuade them to keep them " locked " in your free pool...now thats a very good idea, not the first in its field ,but rare nonetheless.It may work,I hope so.If not ,you will need other incentives.
BUT,the answer to maintaining/increasing a coins value is all about the User Case.I need to know more about your ,what appears to be ,some sort of Retirement Plan.I'm from England so this is not something I'm aware of.
Having said all the above ,I like what I see ,and the Discord channel is a very friendly place.I would urge you however to supply weekly updates and, in the new World of disclosure ,give all information about the owners /developers.This will very soon become the norm end not before time.
Many Thanks
David Webb
I agree, weekly updates where they take live questions will be very good for investor confidence. Hopefully the devs see this and will listen to what the community wants!
Weekly updates are good, but once a project gets rolling, there really isn't a bunch of new stuff to report every single week. It leads to unrealistic expectations from the community (unintentional, but still there)
The roadmap is the focal point. Why do you need an update every 7 days? Eventually, the updates will be: "We are progressing quite well on XXX and working to complete item YYYY at least by the target date in the roadmap. Socials growth is ZZZZ and AAAA members were added to Discord"
I know this because I used to help write updates for another project that, at one time, was in the top 100.......ahhhhh back in the day
. And sometimes, there isnt anything to report. AMA's are good - eventually, a subreddit would be needed - crypto is frickin huge on Reddit - but they are not stupid and will take to bashing a project real fast. Best to have all your ducks in a row, as they say, before going there.
Growing the Discord the way the team is doing appears to have been effective and it looks like a good community is there. Smaller coins like this
need a strong community. They need people who dont dump into the buy side of Crypto Bridge the day it's listed. Place limit orders on the sell side for God's Sake lol . .
And jbeast, anyone else from Discord that is new over here - go post in other threads too. You can look up post history and it's easy to get accused of creating multiple accounts to bump an ANN thread. Actually, it's done quite often. Bots too . . I know that's not the case here, just offering some words of advice.